As part of being an open and transparent body, which is fully representative of its members and their interests, all Board positions are re-elected on at least a three year rolling cycle, although existing members of the Board may stand for re-election. The Board is based upon a constituency basis:
- The Chief Executive
- Adviser Constituency – 3 places
- Regional Firm Constituency – 2 places
- National Firm Constituency – 2 places
- The Network Constituency – 4 places
- The Club Constituency – 1 place
- Association of Finance Brokers – 1 place
- Co-options – 5 places